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ABELLA

Active
Private limited companyfounded 201214 yrs activeSint-Pietersplein 2, 1040 Etterbeek, BelgiumKBO/BCE: BE 0848.949.443
Summary

The computed 12-month bankruptcy probability of ABELLA is 2.6% (moderate). The 2025 annual accounts show equity of €18k and a net result of €9k. Equity is shrinking by ~14.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 36% of 3705 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability79▲+52
Solvency41▲+7
Growth32=
Track record100
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.24 in 2024; short-term debt: 59.1% and cash: 20.5% of total assets), and 83.5% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16.5%
Return on assets
8.6%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
41 d late
2024
1 d early
2023
8 d early
2022
39 d early
2021
67 d late
2020
52 d early
2019
70 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k
2024 · €-9k
2018: €17khighest in 8 years 2019: €-6k▼ -133% vs 2018 2020: €16▲ +100% vs 2019 2021: €-6k▼ -35488% vs 2020 2022: €-5k▲ +17.0% vs 2021 2023: €-16k▼ -236% vs 2022lowest in 8 years 2024: €-9k▲ +44.9% vs 2023 2025: €9k▲ +205% vs 2024
2018 → 2025
Working capital
€12k▲ 18.0%
2024 · €10k
2018: €49k 2019: €53k▲ +8.1% vs 2018highest in 8 years 2020: €33k▼ -38.0% vs 2019 2021: €21k▼ -36.7% vs 2020 2022: €9k▼ -55.1% vs 2021lowest in 8 years 2023: €22k▲ +136% vs 2022 2024: €10k▼ -53.4% vs 2023 2025: €12k▲ +18.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€38k-€33k▼ 12.5%€17k▼ 48.1%€8k▼ 51.0%€18k▲ 109% 2021: €38khighest in 5 years 2022: €33k▼ -12.5% vs 2021 2023: €17k▼ -48.1% vs 2022 2024: €8k▼ -51.0% vs 2023lowest in 5 years 2025: €18k▲ +109% vs 2024
Operating result€-6k-€-5k▲ 19.4%€-15k▼ 216%€-9k▲ 45.0%€10k 2021: €-6k 2022: €-5k▲ +19.4% vs 2021 2023: €-15k▼ -216% vs 2022lowest in 5 years 2024: €-9k▲ +45.0% vs 2023 2025: €10k▲ +213% vs 2024highest in 5 years
Net result€-6k-€-5k▲ 17.0%€-16k▼ 236%€-9k▲ 44.9%€9k 2021: €-6k 2022: €-5k▲ +17.0% vs 2021 2023: €-16k▼ -236% vs 2022lowest in 5 years 2024: €-9k▲ +44.9% vs 2023 2025: €9k▲ +205% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2021: €-6k€-6kNet result 2021: €-6k€-6kOperating result 2022: €-5k€-5kNet result 2022: €-5k€-5kOperating result 2023: €-15k€-15kNet result 2023: €-16k€-16kOperating result 2024: €-9k€-9kNet result 2024: €-9k€-9kOperating result 2025: €10k€10kNet result 2025: €9k€9k20212022202320242025€-20k€-10k€0€10kOperating result 2023: €-15k€-15kNet result 2023: €-16k€-16kOperating result 2024: €-9k€-8.5kNet result 2024: €-9k€-8.7kOperating result 2025: €10k€9.6kNet result 2025: €9k€9.1k202320242025
The operating result returns to profit in 2025: €10k after a loss of €9k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €106k
Fixed assets €31k ▼ 15.5%
Current assets €75k ▲ 40.0%
Equity and liabilities €106k
Equity €18k ▲ 109%
Debt €89k ▲ 8.0%
Debt's share of the balance-sheet total falls from 90.8% to 83.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18k▲
2024 · €1k
Cash flow
€18k▲
2024 · €1k
Current ratio
1.19▼
2024 · 1.24
Quick ratio
1.18▼
2024 · 1.22
Debt to equity
5.08▼
2024 · 9.82
ROE
52.1%▲
2024 · -103.9%
ROA
8.6%▲
2024 · -9.6%
Interest coverage
37.36▲
2024 · 2.43
Debt ≤ 1 year
€63k▲
2024 · €43k
Staff costs
€15k▲
2024 · €15k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€91k€106k▲
Fixed assets21/28€37k€31k▼
Tangible fixed assets22/27€30k€24k▼
Land and buildings22€26k€22k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€1k€867▼
Financial fixed assets28€7k€7k=
Current assets29/58€54k€75k▲
Stocks and contracts in progress3€635€635=
Stocks30/36€635€635=
Amounts receivable within one year40/41€41k€53k▲
Trade receivables40€35k€49k▲
Other amounts receivable41€6k€4k▼
Cash at bank and in hand54/58€12k€22k▲
Equity and liabilities
Total equity and liabilities10/49€91k€106k▲
Equity10/15€8k€18k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-12k€-3k▲
Amounts payable17/49€82k€89k▲
Amounts payable within one year42/48€43k€63k▲
Current portion of amounts payable after more than one year42-€12k
Trade debts44€37k€45k▲
Suppliers440/4€37k€45k▲
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€2k€3k▲
Accrued charges and deferred income492/3€39k€26k▼
Income statement Code20242025
Non-recurring operating income76A€13k€15k▲
Remuneration, social security and pensions62€15k€15k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€19k€38k▲
Operating profit (loss)9901€-9k€10k▲
Financial income75/76B€365€12▼
Recurring financial income75€365€12▼
Financial charges65/66B€566€491▼
Recurring financial charges65€566€491▼
Profit (loss) for the period before taxes9903€-9k€9k▲
Profit (loss) for the period9904€-9k€9k▲
Profit (loss) for the period to be appropriated9905€-9k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-3k▲
Profit (loss) brought forward from the previous period14P€-3k€-12k▼
Social balance
Average headcount (FTE)90870.70.5▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A€10k€10k€475€13k€15k▲ 16.8%
Remuneration, social security and pensions62€6k€13k€12k€15k€15k▲ 2.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k€9k€10k€9k▼ 11.6%
Provisions for liabilities and charges: additions (uses and reversals)635/8€-775-----
Other operating charges640/8€937€1k€3k€2k€4k▲ 68.4%
Gross operating margin9900€7k€17k€9k€19k€38k▲ 100%
Operating profit (loss)9901€-6k€-5k€-15k€-9k€10k▲ 213%
Financial income75/76B€759€572€26€365€12▼ 96.7%
Recurring financial income75€759€572€26€365€12▼ 96.7%
Financial charges65/66B€355€386€383€566€491▼ 13.3%
Recurring financial charges65€355€386€383€566€491▼ 13.3%
Profit (loss) for the period before taxes9903€-6k€-5k€-16k€-9k€9k▲ 205%
Profit (loss) for the period9904€-6k€-5k€-16k€-9k€9k▲ 205%
Profit (loss) for the period to be appropriated9905€-6k€-5k€-16k€-9k€9k▲ 205%
Line20212022202320242025Change
Assets
Total assets20/58€69k€55k€91k€91k€106k▲ 17.3%
Fixed assets21/28€32k€29k€47k€37k€31k▼ 15.5%
Tangible fixed assets22/27€25k€22k€40k€30k€24k▼ 19.1%
Land and buildings22€19k€16k€32k€26k€22k▼ 12.9%
Plant, machinery and equipment23€4k€4k€6k€3k€1k▼ 65.3%
Furniture and vehicles24€2k€770€2k€1k€867▼ 29.9%
Financial fixed assets28€7k€7k€7k€7k€7k=
Current assets29/58€37k€27k€44k€54k€75k▲ 40.0%
Stocks and contracts in progress3€157€161€2k€635€635=
Stocks30/36€157€161€2k€635€635=
Amounts receivable within one year40/41€27k€17k€20k€41k€53k▲ 28.0%
Trade receivables40€13k€11k€13k€35k€49k▲ 37.4%
Other amounts receivable41€13k€6k€6k€6k€4k▼ 29.6%
Cash at bank and in hand54/58€10k€9k€23k€12k€22k▲ 83.7%
Equity and liabilities
Total equity and liabilities10/49€69k€55k€91k€91k€106k▲ 17.3%
Equity10/15€38k€33k€17k€8k€18k▲ 109%
Contributions10/11€19k€19k€19k€19k€19k=
Reserves13€2k€2k€2k€2k€2k=
Non-distributable reserves130/1€2k€2k----
Reserves not available under the articles1311€2k€2k----
Distributable reserves133--€2k€2k€2k=
Profit (loss) carried forward14€17k€12k€-3k€-12k€-3k▲ 75.5%
Amounts payable17/49€31k€23k€74k€82k€89k▲ 8.0%
Amounts payable within one year42/48€16k€18k€22k€43k€63k▲ 45.2%
Current portion of amounts payable after more than one year42----€12k-
Trade debts44€12k€15k€19k€37k€45k▲ 22.8%
Suppliers440/4€12k€15k€19k€37k€45k▲ 22.8%
Taxes, remuneration and social security45€4k€3k€3k€6k€6k▼ 13.3%
Taxes450/3-€2k€1k€5k€3k▼ 42.9%
Remuneration and social security454/9€4k€1k€2k€2k€3k▲ 69.4%
Accrued charges and deferred income492/3€15k€5k€52k€39k€26k▼ 33.3%
Line20212022202320242025Change
Profit (loss) for the period9904€-6k€-5k€-16k€-9k€9k▲ 205%
+ Depreciation and write-downs630€7k€7k€9k€10k€9k▼ 11.6%
Operating cash flow (approximation)€2k€2k€-6k€1k€18k▲ 1,422%
Investment in fixed assets (approximation)-€-4k€-28k€0€-3k-
Change in cash-€-781€13k€-11k€10k▲ 191%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 41 days late
2025
31-12
Financial Back to profitnet €9k
Net result €9k after 4 loss-making years.
30-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
23-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
22-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
06-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 67 days late
2021
09-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Back to profitnet €16
Net result €16 after one loss-making year.
22-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
25-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
21-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
68 m²
Building footprint
60 m²
Volume, LiDAR
811 m³
Parcel 21364B0169/00L003, Brussels · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Au Petit Stella
Sint-Pietersplein 2, 1040 EtterbeekCafés and bars
since 20122.212.663.535
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21364B0169/00L003 Brussels 68 m² 1 · 60 m² 16.6 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Etterbeek2.212.663.535
1 permission
Drankgelegenheid · since 06-11-2019

Similar companies · same sector, comparable size

Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 3,942 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars

Scores and ratios are computed by Checked and are not a credit decision.